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A-Smart Holdings Updates on Rights Issue Proceeds
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A-Smart Holdings Updates on Rights Issue Proceeds

A-Smart Holdings Ltd. (SG:BQC) has released an update.

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A-Smart Holdings Ltd. has detailed the current allocation of its net proceeds from its recent Rights Issue, revealing a balance of S$7,977,000 after payment for construction progress on the Timor Marina Square project. The company has adhered to the use of funds as previously disclosed in their Offer Information Statement. This financial move aims to bolster the company’s project development and overall growth strategy.

For further insights into SG:BQC stock, check out TipRanks’ Stock Analysis page.

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